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AP Top Business News At 5:13 a.m. EDT

Apple increases stock buyback, will split stock
SAN FRANCISCO (AP) -- Apple is doling out more of its cash to shareholders and preparing to split its stock for the first time in nine years in an attempt to win back investors fretting about the iPhone maker's slowing sales growth and pace of innovation....

Facebook 1Q results soar; CFO to step down
NEW YORK (AP) -- Facebook's earnings nearly tripled and revenue grew sharply in the first quarter, surpassing Wall Street's expectations thanks to an 82 percent increase in advertising revenue....

Vermont moves toward labeling of GMO foods
MONTPELIER, Vt. (AP) -- Vermont lawmakers have passed the country's first state bill to require the labeling of genetically modified foods as such, setting up a war between powerful lobbyists for the behemoth U.S. food industry and an American public that overwhelmingly says it approves of the idea....

US-Japan trade talks suspended without agreement
TOKYO (AP) -- Talks between the United States and Japan on a Pacific Rim trade pact have halted for now without any resolution in sight, spoiling plans for a showcase deal during President Barack Obama's visit to Tokyo....

Oil prices recoup earlier losses on Ukraine woes
TOKYO (AP) -- The price of oil rebounded Thursday on worries about tensions in Ukraine....

Alstom shares jump amid talk of GE buyout
PARIS (AP) -- Shares in French train and equipment manufacturer Alstom have spiked on reports that General Electric Co. is considering making a bid for the company....

Russian social media CEO quits, flees country
MOSCOW (AP) -- The founder of Russia's leading social media network - a wunderkind often described as Russia's Mark Zuckerberg - has left his post as CEO and fled the country as cronies of President Vladimir Putin have made steady inroads into the company's ownership....

Wyoming gas explosion prompts evacuation of town
OPAL, Wyo. (AP) -- Residents and emergency crews were waiting for a fire to burn itself out after an explosion at a natural gas processing plant in a small town in southwestern Wyoming....

In Disney's shadow, homeless families struggle
KISSIMMEE, Fla. (AP) -- When they moved from Georgia to the theme park playground of central Florida four years ago, Anthony and Candice Johnson found work at a barbecue restaurant and a 7-Eleven. Their combined salaries nevertheless fell short of what they needed to rent an apartment, so the couple and their two children have instead been hopping among cheap motel rooms along U.S. 192....

New drug sales help boost Novartis Q1 profit
GENEVA (AP) -- Strong new drug sales helped Swiss pharmaceutical firm Novartis AG report a 24 percent rise in first-quarter profit....

Business Video
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Captains of industry: Comparing CEO pay and performance
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New drug sales help boost Novartis Q1 profit

Oil prices recoup earlier losses on Ukraine woes

Large Scania shareholder accepts Volkswagen bid

Buffett disapproves of Coca-Cola's pay plan

Wal-Mart cut former CEO's pay 73 percent in 2013

Chobani secures $750M investment from TPG

Ronald McDonald takes to Twitter, gets makeover

Gold prices edge up for the first time in a week

How the Dow Jones industrial average did Wednesday

Safeway reports 1st-quarter loss